Colette Kress, Executive Vice President and Chief Financial Officer of NVIDIA Corp (NASDAQ:NVDA), sold a package of company shares worth $10.9 million on March 20, 2026. The block of stock consisted of 68,798 common shares transacted at prices spanning $171.9681 to $177.5122.
Those sales followed an earlier disposition on March 18, when Kress sold 76,535 shares at $181.93. That March 18 transaction was executed to cover tax obligations and totaled $13,924,012.
After the March 18 and March 20 transactions, Kress's direct ownership in NVIDIA stands at 881,387 shares. She also holds additional interests indirectly through several trusts and a limited liability company.
Market context and valuation notes
At the time of the March 20 sale, NVIDIA shares were trading at $173, below their 52-week high of $212.19. Despite the recent pullback from that peak, the stock has produced a 47% total return over the prior 12 months.
According to InvestingPro analysis cited in company research, NVIDIA appears undervalued at current price levels based on Fair Value metrics. The same analysis highlights a PEG ratio of 0.54, indicating an attractive valuation relative to expected growth under that metric. Investors seeking more detailed company modeling can consult NVIDIA's Pro Research Report, which is available through the referenced research service.
Analyst coverage and industry developments
Several analyst houses have restated their views on NVIDIA recently, reflecting interest in the company’s data center momentum. Wolfe Research reiterated an Outperform rating and set a $275.00 price target, citing visibility into future revenue opportunities. Argus reaffirmed a Buy rating with a $220.00 price target, noting NVIDIA’s new architecture for data centers. Raymond James raised its price target to $323 while maintaining a Strong Buy rating, pointing to favorable trends in GPU sales.
Separately, legal developments have drawn attention to AI server supply chains. Federal prosecutors in New York charged Super Micro Computer's co-founder, Wally Liaw, and two others with conspiring to divert AI technology to China in violation of U.S. export-control rules. The indictment alleges $2.5 billion in AI servers were involved, and it specifically references Nvidia GPUs as part of the alleged scheme. In response to more general market concerns, Bernstein SocGen Group has maintained a Market Perform rating on Super Micro Computer with a $37.00 price target.
There are also commercial technology updates: Qnity Electronics announced a collaboration with NVIDIA aimed at accelerating AI-driven innovation in semiconductor research, leveraging NVIDIA's computing platforms.
What the filings show and what remains unchanged
Regulatory filings document the volumes and prices of the transactions described above and confirm Kress's remaining direct stake of 881,387 shares as well as the existence of additional indirect holdings via trusts and an LLC. The filings do not provide additional commentary on future sales or a change in executive role.
The combination of insider selling, third-party legal actions touching the AI server market, and active analyst coverage presents multiple data points market participants can weigh alongside the valuation snapshot provided by InvestingPro.